Epic Gas has posted a third-quarter loss of $2.6m as the Singapore LPG carrier operator’s operations were impacted by Covid-19.
The BW Group-backed shipowner said revenues of $45.4m were down $499, or 4.8%, per calendar day since the second quarter due to the pandemic.
“Whilst there are positive pockets of demand for residential LPG use, beneficial macro trends of over 5% forecast growth in global LPG seaborne trade for the year have been further revised down to 0.4%
